7,924 The Goldman Sachs Group, Inc. $GS Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in The Goldman Sachs Group, Inc. (NYSE:GS) by 3.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 213,382 shares of the investment management company’s stock after acquiring an additional 7,924 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.07% of The Goldman Sachs Group worth $192,121,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Turim 21 Investimentos Ltda. purchased a new position in The Goldman Sachs Group in the 1st quarter valued at about $25,000. Strive Financial Group LLC boosted its holdings in The Goldman Sachs Group by 316.7% in the second quarter. Strive Financial Group LLC now owns 25 shares of the investment management company’s stock valued at $25,000 after purchasing an additional 19 shares during the last quarter. BOK Financial Private Wealth Inc. grew its stake in The Goldman Sachs Group by 188.9% during the 2nd quarter. BOK Financial Private Wealth Inc. now owns 26 shares of the investment management company’s stock valued at $26,000 after purchasing an additional 17 shares in the last quarter. Steph & Co. acquired a new stake in The Goldman Sachs Group during the 1st quarter valued at approximately $27,000. Finally, Cherry Tree Wealth Management LLC grew its stake in The Goldman Sachs Group by 100.0% during the 3rd quarter. Cherry Tree Wealth Management LLC now owns 30 shares of the investment management company’s stock valued at $27,000 after purchasing an additional 15 shares in the last quarter. Hedge funds and other institutional investors own 71.21% of the company’s stock.

The Goldman Sachs Group Stock Up 1.0%

Shares of The Goldman Sachs Group stock opened at $884.42 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 1.10 and a debt-to-equity ratio of 2.82. The firm has a market cap of $257.52 billion, a P/E ratio of 12.72, a P/E/G ratio of 0.83 and a beta of 1.29. The Goldman Sachs Group, Inc. has a fifty-two week low of $743.11 and a fifty-two week high of $1,153.99. The business has a 50-day moving average price of $968.62 and a 200 day moving average price of $991.00.

The Goldman Sachs Group (NYSE:GS) last announced its quarterly earnings data on Tuesday, October 13th. The investment management company reported $17.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $12.86 by $4.15. The Goldman Sachs Group had a return on equity of 19.55% and a net margin of 15.77%. The firm had revenue of $18.68 billion for the quarter, compared to analysts’ expectations of $16.83 billion. During the same quarter in the prior year, the firm posted $12.25 earnings per share. The Goldman Sachs Group’s revenue for the quarter was up 23.0% compared to the same quarter last year. On average, sell-side analysts forecast that The Goldman Sachs Group, Inc. will post 70.26 earnings per share for the current fiscal year.

The Goldman Sachs Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 30th. Investors of record on Wednesday, December 2nd will be paid a dividend of $5.00 per share. The ex-dividend date is Wednesday, December 2nd. This represents a $20.00 annualized dividend and a yield of 2.3%. The Goldman Sachs Group’s dividend payout ratio (DPR) is 28.76%.

Trending Headlines about The Goldman Sachs Group

Here are the key news stories impacting The Goldman Sachs Group this week:

• Positive Sentiment: Goldman Sachs agreed to acquire NEOS Investments, an actively managed and options-based ETF provider with approximately $30 billion in assets. The transaction could cost up to $2.25 billion and is viewed as a strategically attractive way for Goldman to expand its asset-management platform and diversify revenue toward fee-based businesses. Goldman Sachs NEOS Investments acquisition
• Positive Sentiment: Goldman is broadening its private-markets capabilities by exploring “evergreen” funds that would allow private-equity firms to hold assets for 10 to 15 years or longer. Such products could create additional advisory, financing and asset-management fees for GS. Goldman and Evercore evergreen funds
• Positive Sentiment: The bank continues to position tokenization as a growth opportunity across trading, payments and wealth management, potentially improving Goldman’s long-term technology and digital-asset revenue mix. Goldman Sachs tokenization strategy
• Neutral Sentiment: Goldman’s prime-brokerage data showed hedge funds reduced technology exposure at the fastest pace in at least a decade. The report may benefit GS’s trading and client-activity revenue, but it also highlights risk appetite and valuation concerns across markets. Hedge funds cut technology stocks
• Neutral Sentiment: Goldman still expects a potential year-end S&P 500 rally, which could support investment-banking, trading and asset-management activity, although the outlook remains vulnerable to technology-sector volatility. Goldman Sachs year-end market outlook
• Negative Sentiment: BMO Capital Markets lowered its GS price target to $950 from $970 and maintained a “Market Perform” rating, signaling limited near-term upside despite the stock’s valuation and strong latest earnings. BMO lowers Goldman Sachs price target
• Negative Sentiment: Goldman economists expect the U.S. housing market to remain weak through 2027 as mortgage rates above 7% suppress transactions and new construction. Prolonged housing weakness could weigh on consumer activity and related investment-banking businesses. Goldman Sachs housing market outlook

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. Rothschild & Co Redburn lifted their price objective on The Goldman Sachs Group from $870.00 to $920.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Wall Street Zen cut The Goldman Sachs Group from a “buy” rating to a “hold” rating in a research note on Sunday, September 13th. Wells Fargo & Company decreased their price target on shares of The Goldman Sachs Group from $1,325.00 to $1,175.00 and set an “overweight” rating for the company in a research report on Friday, September 25th. Keefe, Bruyette & Woods dropped their price target on shares of The Goldman Sachs Group from $1,130.00 to $1,100.00 and set a “market perform” rating for the company in a research note on Wednesday, October 14th. Finally, Jefferies Financial Group set a $1,299.00 price target on shares of The Goldman Sachs Group in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $1,050.32.

The Goldman Sachs Group Profile

The Goldman Sachs Group, Inc is a global financial services company that provides investment banking, securities, asset management and wealth management services to corporations, financial institutions, governments and individual investors. Its investment banking activities include advising on mergers and acquisitions, public and private offerings, restructurings and other strategic transactions.

Through its global markets businesses, Goldman Sachs helps clients buy and sell securities and other financial instruments and provides financing, risk management and market-making services.